-The Hindu Onion producers, however, have called an agitation, with one farmers’ group threatening a strike if the export ban is not lifted. Onion prices in Delhi have dropped below the Rs.60 a kg mark in the retail market for the first time in two weeks, as the Central government’s measures, imposing stock limits and banning exports, took effect, cooling off the prices in most parts of the country. Onion producers, however, have...

-The Hindu Business Line New Delhi: Even as Union Minister Ram Vilas Paswan claimed on Thursday that onion prices have started cooling down in both retail and wholesale markets, Shetkari Sanghatana, an apex farmers’ body in Maharashtra, announced that all onion markets would be indefinitely closed from October 7 if the Centre failed to revoke its decision to ban onion exports and imposition of stock limits on traders. Retail onion prices, which...

-The Hindu Business Line Farmers’ organisations have threatened to disrupt the functioning of Agriculture Produce Market Committees (APMC) in Maharashtra if the Centre sticks to its stand of prohibiting onion exports and imposing limits on stocks. Farmers in the onion hub of Nashik said that they would agitate against the government’s decision as farmers are facing the brunt. With onion prices rising, the government had on Sunday prohibited exports until further notice and...

-Livemint.com * The retail prices of onions spiked to Rs.70- Rs.80 earlier this week * Floods in key onion-producing states of Maharashtra, Uttar Pradesh, Bihar and others have hurt supplies New Delhi: The government has banned export of onions with immediate effect to check spiraling prices which touched Rs.70- Rs.80 per kg in the open market. The ban covers all varieties of onions. The Directorate General of Foreign Trade under the Ministry of Commerce...

-PTI MUMBAI: The Reserve Bank of India has ordered Punjab and Maharashtra Co-operative (PMC) Bank not to do any business for six months and capped depositor withdrawals at Rs 1,000, throwing the lives of thousands of traders, self-employed and daily wage earners into disarray. The regulator has also appointed an administrator for the bank. Defaults appear to have surged in the past six months amid tight economic conditions and some lumpy loans...